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October 20, 2021

How Does the Acquisition Process Work?

October 20, 2021/ Mike Krupit
How Does the Acquisition Process Work?

Few founders really understand the acquisition process the first time around. That lack of knowledge can put you at a disadvantage in the most important negotiation of your life.

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October 20, 2021/ Mike Krupit/ Comment
Series: Acquisitions, Planning
October 06, 2021

Who Will Buy My Business? Three Steps You Can Take to Find the Right Acquirer

October 06, 2021/ Mike Krupit
Who Will Buy My Business? Three Steps You Can Take to Find the Right Acquirer

Our team has advised on or been a part of more than half a billion dollars in enterprise-value transactions. Here’s what we’ve learned about finding the right buyer.

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October 06, 2021/ Mike Krupit/ Comment
Series: Acquisitions, Planning
September 22, 2021

Build for Sale or Build for Growth

September 22, 2021/ Mike Krupit
Build for Sale or Build for Growth

Do you want to grow with your company? Or are you hoping to sell? Is there a difference in how you operate depending on your answer? We had a series of conversations with past and current clients about their growth strategies to learn more.

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September 22, 2021/ Mike Krupit/ Comment
Series: Acquisitions, Growth Strategies, Planning
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Trajectify

Startups and Small Businesses sometimes find themselves at the edge of a chasm. With success in developing and growing their business, a stage is reached where they find that the "next step" is a big one! Trajectify partners with the entrepreneur to build momentum and trajectory to be able to cross the chasm.

We offer private and group (Mastermind) coaching and hold frequent events and seminars.

Trajectify is founded my Mike Krupit, veteran of eight startups. Mike has helped dozens of companies grow and mentored and advised hundreds more.

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Recent Resources
How to Do a Layoff Well: The Parts That Feel Cold Are the Kind Ones
Organizational Dev
How to Do a Layoff Well: The Parts That Feel Cold Are the Kind Ones
Organizational Dev

One of the hardest things for a manager to accept is that a layoff meeting isn’t a discussion about whether someone keeps their job or even why it’s happening. The decision has already been made. The meeting is short and one-on-one. The news comes from the person’s closest manager, unless that manager is also being laid off. HR is in the room. The manager says a few clear sentences, then HR walks the person through the paperwork and next steps. Short doesn’t mean robotic.

Read more →
Organizational Dev
Two Honest Reasons for a Layoff, and Three Convenient Ones
Organizational Dev
Two Honest Reasons for a Layoff, and Three Convenient Ones
Organizational Dev

Technology used to be expensive to build, and relatively inexpensive labor was often the better return. AI has changed that calculation for certain kinds of work. Tasks that once required entire teams can now be automated relatively cheaply. I don’t think CEOs should pretend otherwise. I do think they need to be honest about what actually changed.

Read more →
Organizational Dev
Your Peer Group Will Tell You What No One Else Will
Leadership, Growth Strategies
Your Peer Group Will Tell You What No One Else Will
Leadership, Growth Strategies

I’ve been facilitating CEO peer groups for fifteen years. The biggest factor in whether someone gets value from a group is vulnerability. Not performative vulnerability. The kind that costs you something to say out loud, the thing you'd rather not say because it makes you look uncertain, stuck, bored, scared, or wrong. The people who get the most from these groups aren't necessarily the ones with the biggest problems. They're the ones willing to let the room see the problem clearly enough to help.

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Leadership, Growth Strategies
Visibility Is Part of the CEO Job
Leadership, Communications
Visibility Is Part of the CEO Job
Leadership, Communications

I don't think every CEO needs to become a LinkedIn personality. The question is simpler. Who needs to know you exist? Where are they? And what would help them understand how you think before they ever sit across from you? That answer will change as the company grows, as your buyers change, as platforms come and go. You adjust. That I don’t think you can do anymore is decide visibility isn’t part of your job at all. Your personal brand is important to your company’s brand.

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Leadership, Communications
How You Look Is Part of How You Lead
Leadership, Personal Development
How You Look Is Part of How You Lead
Leadership, Personal Development

Most founders and executives I work with are uncomfortable talking about how they look. It feels shallow. Not the point. I get it. They started their companies because of a vision, not an ego. By the time they're working with an advisor, they're wrestling with real problems: who belongs in which seats, how to build accountability, how to run a leadership meeting. Thinking about personal image can feel self-indulgent by comparison.

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Leadership, Personal Development
You Can't Scale the Company Without Scaling the Culture
Organizational Dev
You Can't Scale the Company Without Scaling the Culture
Organizational Dev

Founders tend to think about a major transition as a singular event. You prepare, announce, close, and now you're a different company. In my experience, the company starts changing well before any of that happens. I've been through this several times now, and the details were different every time. The weirdness was pretty consistent.

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Organizational Dev
Not Every Idea Deserves to Be Fully Baked
Growth Strategies, Leadership
Not Every Idea Deserves to Be Fully Baked
Growth Strategies, Leadership

Sometimes exploration is worth it. Sometimes you just spent a week of the team’s attention answering a question the founder could have tested in an afternoon. That is the part I think leaders underestimate. Ideas do not only cost money. They cost time, focus, and brainpower long before anyone approves a budget. The question I’d want answered is: how much of the organization does this idea deserve yet?

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Growth Strategies, Leadership
If Everyone Is Playing Defense with their Goals, Nobody Is Trying to Win
Growth Strategies, Leadership
If Everyone Is Playing Defense with their Goals, Nobody Is Trying to Win
Growth Strategies, Leadership

Ask a room of leaders why they set goals and most will say accountability. That answer creates the problem. Goals exist for alignment. The company needs to reach a number, so this group does this, that group does that, and together the math works. Everyone is pointed in the same direction. Focus comes second. A good goal tells you what to say no to.

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Growth Strategies, Leadership

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